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News Ltd chief decries doomsday for print

by Staff Writer

Jun 6, 2008

Find more like: newspapers | digital | wide-format | business

So says the headline in the Sydney Morning Herald of June 5, 2008. Will newspapers decline and just become 'papers', or maybe fade away altogether, as some have argued? Or is there a future for the traditional journalistic press? Which papers are slated for reduction from broadsheet to tabloid? The debate continues and the questions are unresolved even among top insiders.

The SMH reports that John Hartigan, CEO and Chairman of News Limited, "has rejected" for the Australian newspaper industry, Rupert Murdoch's rather gloomy outlook about the future of the US newspaper market.

"At a digital conference in California this week," the Herald reports, "Mr Murdoch said that the financial pressures on US newspapers would see them 'deteriorate tremendously'."

Hartigan also confirmed that News Ltd was looking to reduce the size of The Australian

Read the story in the Sydney Morning Herald

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